XML 12 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
[1]
Current assets:    
Cash and cash equivalents $ 141,952 $ 62,417
Short-term marketable securities 107,711 52,491
Related party receivables from collaborative arrangements 67,563 83,286
Prepaid expenses and other current assets 459 849
Total current assets 317,685 199,043
Property and equipment, net 136 160
Operating lease right-of-use asset 1,348 0
Capitalized fees paid to a related party, net 145,987 152,899
Deferred tax assets 177,114 196,054
Other assets 37 37
Total assets 642,307 548,193
Current liabilities:    
Accounts payable 1,139 11
Accrued personnel-related expenses 371 470
Accrued interest payable 4,262 4,264
Other accrued liabilities 1,386 955
Operating lease liability, current portion 317 0
Total current liabilities 7,475 5,700
Long-term debt, net of discount and issuance costs 386,675 382,855
Operating lease liability, net of current portion 1,157 0
Other long-term liabilities 298 586
Commitments and contingencies
Stockholders' equity    
Preferred stock: $0.01 par value, 230 shares authorized, no shares issued and outstanding 0 0
Common stock: $0.01 par value, 200,000 shares authorized, 101,272 and 101,098 issued and outstanding as of June 30, 2019 and December 31, 2018, respectively 1,013 1,011
Additional paid-in capital 1,257,799 1,256,267
Accumulated other comprehensive income (loss) 33 (3)
Accumulated deficit (1,032,162) (1,103,692)
Total Innoviva stockholders' equity 226,683 153,583
Noncontrolling interest 20,019 5,469
Total stockholders' equity 246,702 159,052
Total liabilities and stockholders' equity $ 642,307 $ 548,193
[1] Condensed consolidated balance sheet as of December 31, 2018 has been derived from audited consolidated financial statements.